Design
Tools
LoadMatch
System
LOFlo
System
Air
Elimination
Circulators
& Pumps
Accessories
for circulators
& pumps
Heat Exchangers
Tanks
Valves &
Controls
Energy
Management
Variable Speed
Web-based
Building
Management
Switch to Residential
Product Navigation
  Where to Buy

What is your zip code?

 
 
  We're Here to Help

How can we help? Please choose a category for immediate help.






 
 

Economic Expansion Continues, But Slowly


Latest News > Industry News

November 11 - The economy continued to expand in October, but growth remains below the historical average, according to the latest National Activity Index compiled by the Chicago Federal Reserve Bank.

October's index of -0.28 was up from -0.52 in September. A zero value indicates that the national economy is expanding at its historical trend rate of growth.

The index's three-month moving average, considered more accurate than the monthly figure, decreased to -0.46 from -0.33 in the previous month.

Improvement in the monthly index was led by production and employment related indicators. Consumption and housing lagged, pulling the index lower.

The index also, "suggests subdued inflationary pressure from economic activity over the coming year," the reports states.

Read and download the complete news release.